Mehar Metals (India) Private Limited

Manufactures various types of steel wires for fasteners and construction.

1985 | Bangaluru, Karnataka (India) | Active
Last Updated:

Mehar Metals (India) Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 0.90 M
  • Company Age 40 Year, 29 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.00 Cr
  • Satisfied Charges ₹ 1.15 Cr
  • Revenue Growth 37.62%
  • Profit Growth 95.16%
  • Ebitda 88.64%
  • Net Worth 4.41%
  • Total Assets -5.75%

About Mehar Metals (India)

Mehar Metals (India) Private Limited (MMIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 April 1985 and has a history of 40 years. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 0.90 M.

The company currently has active open charges totaling ₹2.00 Cr. The company has closed loans amounting to ₹1.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

Hitesh Chajjed, Ashok Misrimalji, and Sunil Bagrecha serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U02710KA1985PTC006833

  • Company No.

    006833

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Apr 1985

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

What products or services does Mehar Metals (India) Private Limited offer?

Mehar Metals (India) Private Limited offers a wide range of products and services, including Air Springs & Compression Springs, Wire Springs, Metal and Alloy Wires, Steel Wire.

Company report

Mehar Metals (India) Private Limited

Explore comprehensive data for Mehar Metals (India) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Mehar Metals (India)?

Board Members (3)

NameDesignationAppointment DateStatus
Sunil Bagrecha Country flag representing In Director 18-Jul-2014Current
Hitesh Chajjed Country flag representing In Director 31-Mar-2002Current
Ashok Misrimalji Country flag representing In Director 31-Mar-2002Current

Financial Performance of Mehar Metals (India).

Mehar Metals (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.62% increase. The company also saw a substantial improvement in profitability, with a 95.16% increase in profit. The company's net worth moved up by a moderate rise of 4.41%.

Mehar Metals (India) revenue growth over time
Mehar Metals (India) profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
37.62%
Revenue from Operations
37.52%
Total Assets
-5.75%
Profit or Loss
95.16%
Net Worth
4.41%
EBITDA
88.64%

What is the Ownership and Shareholding Structure of Mehar Metals (India)?

In 2023, Mehar Metals (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.00 M

Satisfied Charges

₹11.50 M

Charges Breakdown by Lending Institutions

  • Others : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
22 Aug 2022Others₹2.00 CrOpen
02 Feb 1987Bank Of India₹1.00 CrSatisfied
15 Jul 1986K.S.F.C₹1.50 MSatisfied

How Many Employees Work at Mehar Metals (India)?

Unlock and access historical data on people associated with Mehar Metals (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Mehar Metals (India) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mehar Metals (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mehar Metals (India)'s trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Mehar Metals (India)

Recent activity within the organization

  • Annual General Meeting

    Mehar Metals (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Mehar Metals (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge registered on 02 Feb 1987 via Charge ID 80017372 with Bank Of India was fully satisfied on 27 Sep 2022.

  • Charges

    A charge with Others amounted to Rs. 20.00 M with Charge ID 100605482 was registered on 22 Aug 2022.

  • Director Appointment

    Sunil Bagrecha was appointed as a Director was appointed as a Director on 18 Jul 2014 & has been associated with this company since 10 years 9 months .

  • Charges

    A charge registered on 15 Jul 1986 via Charge ID 80065014 with K.S.F.C was fully satisfied on 16 Apr 2012.

Frequently asked questions

  • What is the Incorporation or founding date of Mehar Metals (India) Private Limited?

    Mehar Metals (India) Private Limited was incorporated on 12 Apr 1985.

  • What is authorized share capital and paid-up capital of Mehar Metals (India) Private Limited?

    The authorized share capital of Mehar Metals (India) Private Limited is ₹ 5.00 M and paid-up capital is ₹ 0.90 M.

  • Who are the current board members & directors of Mehar Metals (India) Private Limited?

    Currently 3 directors are associated with Mehar Metals (India) Private Limited.

    • Hitesh Chajjed
    • Ashok Kumar Misrimalji
    • Sunil Bagrecha
  • What is the registered address of Mehar Metals (India) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mehar Metals (India) Private Limited is A-346 Ii Stage Peenya Industrial Estate, India, Bangalore, Karnataka, 560058.

  • What is the corporate identification number (CIN) and company number of Mehar Metals (India) Private Limited?

    The corporate identification number (CIN) of Mehar Metals (India) Private Limited is U02710KA1985PTC006833 and the company number is 006833 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Mehar Metals (India) Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mehar Metals (India) Private Limited has risen by 37.62%.

  • What change has been observed in the net worth of Mehar Metals (India) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mehar Metals (India) Private Limited has experienced an upsurge of 4.41%.

  • What are the total open charges for Mehar Metals (India) Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mehar Metals (India) Private Limited amount to ₹ 2.00 Cr.

  • When was the last Balance Sheet of Mehar Metals (India) Private Limited filed with the ROC?

    The most recent Balance Sheet for Mehar Metals (India) Private Limited was filed with the ROC on 31 Mar 2024.

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